FreeholdRCRDistrict 5 (Queenstown)

Palm Green

Reviewed by Nathan TangUpdated 24 September 2026Data through Oct 2025 (URA)
Quick Summary

Palm Green is a freehold apartment in District 5 (Queenstown) that obtained TOP in 1999, with 40 units across 1 block. Across 84 transactions on record, units have recently transacted around S$1.33M (S$1,056 psf, ~1,259 sqft).

Key facts about Palm Green
TenureFreehold
TOP year1999
DeveloperPARKSTONE REAL ESTATE PTE LTD (ECICS PROPERTY LTD)
Units40 in 1 block
District and areaDistrict 5 · Queenstown · RCR
Latest median psfS$1,056 psf, last 12 URA caveats to Oct 2025
1

What's for sale and for rent at Palm Green?

Key Takeaway

Palm Green has 0 units listed for sale, and 2 units for rent at a median of S$1,700 a month.

For sale

0 listings

no asking prices

For rent

2 listings

S$1,700 – S$1,700 a month

Asking prices of units currently listed on property portals, not transacted prices.

2

What are the floor plans and unit sizes at Palm Green?

Key Takeaway

Floor plans for Palm Green aren't in PropKaki's library yet. Across 84 URA caveats, units range from 786 sqft to 1,518 sqft, and the middle half are 1,130 sqft to 1,292 sqft.

3

What is the price and PSF at Palm Green?

Key Takeaway

Units have recently transacted around S$1.33M (S$1,056 psf), at a gross rental yield of about 2.5% (URA caveat data).

Recent median price

S$1.33M

recent · 84 sales on record

Median PSF

S$1,056 psf

recent transactions

Median rent (monthly)

S$2,810

286 rentals on record

Gross rental yield

2.5%

indicative, gross

Source: URA caveat data, through Oct 2025.

4

What has recently sold at Palm Green?

Key Takeaway

Palm Green has 84 recorded sales; the most recent transacted at S$1,680,000 in Oct 2025 (URA caveat data).

DatePriceSize (sqft)PSF
Oct 2025S$1,680,0001,130S$1,486 psf
Dec 2024S$1,780,0001,292S$1,378 psf
Apr 2024S$1,550,0001,292S$1,200 psf
Aug 2021S$1,240,0001,109S$1,118 psf
Jul 2021S$1,300,0001,130S$1,150 psf
May 2021S$1,580,0001,302S$1,213 psf
Mar 2021S$1,326,6651,410S$941 psf
Jan 2020S$1,330,0001,259S$1,056 psf
Jun 2019S$1,080,0001,130S$956 psf
Aug 2018S$1,450,0001,399S$1,036 psf
Sept 2017S$1,200,0001,259S$953 psf
Sept 2017S$1,280,0001,367S$936 psf

84 sales and 286 rentals on record since Dec 1997. Source: URA.

5

Are prices at Palm Green rising?

Key Takeaway

The median transacted PSF at Palm Green has risen 153% over the past 22 years (20022024), from S$474 psf to S$1,200 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2024S$1,200 psfS$1.55M2+7.3%
2021S$1,118 psfS$1.30M4+26.3%
2017S$885 psfS$1.12M4-3.1%
2015S$913 psfS$1.15M5-5.8%
2013S$969 psfS$1.23M2+5.1%
2012S$922 psfS$1.12M5+23.6%
2010S$746 psfS$843k3+43.5%
2007S$520 psfS$588k5+7.9%
2006S$482 psfS$622k2+1.7%
2002S$474 psfS$520k2

Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.

6

Is Palm Green a good investment?

Key Takeaway

Of 43 units at Palm Green that were bought and later resold (bought from 1997, resold up to 2025), 72% sold for more than they were bought for, with a median gain of 32% over a median 8.5-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.5%. Past resale results don't predict future returns, and this is not financial advice.

Sold for more than bought

72%

of 43 resales here

Median gain

32%

gross, before costs

Median hold

8.5 years

bought to resold

Every unit at Palm Green with a purchase and a later resale on record, matched from URA caveats. Check the odds for your unit size and holding period →

7

Where is Palm Green and what's nearby?

Key Takeaway

Palm Green is located in Queenstown, in the Central Region of Singapore.

Palm Green is a freehold apartment completed in 1999. It was developed by PARKSTONE REAL ESTATE PTE LTD (ECICS PROPERTY LTD). The development has 40 residential units. It sits on a land area of 3,516 sqm and has a gross floor area of 4,922 sqm. The plot ratio is 1.4.

PALM GREEN is located at 481 Pasir Panjang Road, Singapore 117621. It is part of District 05, Pasir Panjang / Hong Leong Garden / Clementi New Town, Queenstown. The project falls within the Central Region and the RCR market segment.

Nearby amenities include West Coast Plaza for shopping and Clementi Woods Park for greenery and recreation. Facilities in the development include Basement car park, Playground, 24 hours security, Swimming pool, and Wading pool.

8

How far is Palm Green from MRT and schools?

Key Takeaway

Schools nearby

  • Kent Ridge Secondary SchoolSecondary school1.2 km
  • Nus High School Of Mathematics And ScienceMixed-level school1.6 km
  • Anglo-Chinese School (Independent)Mixed-level school1.9 km
  • Nan Hua High SchoolSecondary school1.9 km

Shops, food & parks

Mall: West Coast Plaza · 1.4 kmPark: Clementi Woods Park · 877 m

Straight-line distances from the development. Source: PropKaki amenities data.

9

Who built Palm Green and how big is the development?

Key Takeaway

Palm Green was developed by PARKSTONE REAL ESTATE PTE LTD (ECICS PROPERTY LTD), with 40 units.

Developer
PARKSTONE REAL ESTATE PTE LTD (ECICS PROPERTY LTD)
Blocks
1
Land area
3,516 sqm (37,846 sqft)
Gross floor area
4,922 sqm (52,980 sqft)
Plot ratio
1.40
10

What facilities does Palm Green have?

Key Takeaway

Palm Green has 5 facilities, including Basement car park, Playground, 24 hours security, Swimming pool, and more.

Basement car parkPlayground24 hours securitySwimming poolWading pool
11

What does it cost to own a unit at Palm Green?

Key Takeaway

Buying a unit at Palm Green (~S$1.33M) needs about S$9,712/mo in income and S$4,468/mo in repayments, after S$37,667 stamp duty and a S$332k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.33M) as their first home — 25% down, 30-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →

Buyer's Stamp Duty

S$37,667

BSD, tiered

Downpayment (25%)

S$332k

cash + CPF

Monthly instalment

S$4,468/mo

30y @ 3.5%

Income required

S$9,712/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

12

How many property agents are active around Palm Green?

Key Takeaway

8,573 CEA-registered agents closed at least one recorded deal in District 5 — where Palm Green sits — in the last 12 months, across all property types.

Active agents · 12mo

8,573

District 5 · closed ≥1 deal

Deals on record

46,751

all-time · all property types

Source: CEA public transaction records, attributed to District 5 across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

Keep going in the PropKaki app

Thinking about Palm Green? Ask before you commit.

A fair-value read, recent comps and what a unit really costs — from Palm Green's own transactions.

PropKaki
Is Palm Green a good buy, and what are units selling for?

Recent units at Palm Green sold close to their fair value — solid, no obvious overpay.

Ask anything about Singapore property…
13

Frequently asked questions about Palm Green

Is Palm Green freehold?

Yes. Palm Green is freehold, so ownership does not run out.

How old is Palm Green?

Palm Green was completed (obtained TOP) in 1999, so it is about 27 years old.

Is Palm Green a good investment?

Of 43 units at Palm Green that were bought and later resold (bought from 1997, resold up to 2025), 72% sold for more than they were bought for, with a median gain of 32% over a median 8.5-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.5%. Past resale results don't predict future returns, and this is not financial advice.

Is Palm Green an EC?

No. Palm Green is a private apartment development, not an executive condominium (EC).

Who is the developer of Palm Green?

Palm Green was developed by PARKSTONE REAL ESTATE PTE LTD (ECICS PROPERTY LTD).

What is the price of a condo at Palm Green?

Units at Palm Green have recently sold for around S$1.33M (S$1,056 psf), the median of the last 12 URA caveats to Oct 2025. The price depends on size, floor and facing.

Where is Palm Green located?

Palm Green is at 481 Pasir Panjang Road, Singapore 117621, in Queenstown (District 5).

How many units are there in Palm Green?

Palm Green has 40 units in 1 block.

How much do I need to earn to buy at Palm Green?

For a unit around S$1.33M as a first home, you'd need roughly S$9,712/mo in income (assessed at the stress-test rate), with repayments near S$4,468/mo after a S$332k (25%) downpayment and S$37,667 Buyer's Stamp Duty.

Are prices at Palm Green going up?

The median price per square foot at Palm Green has risen about 153% between 2002 and 2024, based on URA caveats. The year-by-year figures are in the price-trend table above.